Sebastian, Florida Income Statistics
Sebastian Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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C
Sebastian Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Sebastian | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $66,438 | $74,580 | $80,455 |
| Median Personal Income | $54,918 | $52,322 | $60,758 |
| Average Yearly Income Growth | 4.3% | 5.4% | 4.8% |
| Six-Figure Earners | 10.0% | 11.6% | 13.9% |
| $200k+ Households | 6.1% | 11.0% | 13.2% |
The median household income in Sebastian is about 11% lower than in Florida. Income has been growing slower in Sebastian (4.3%/yr) than in Florida (5.4%/yr).
About 10% of adults in Sebastian earn six figures ($100,000 or more) a year, lower than the Florida average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Sebastian, Florida grew by 45.8% from 2009 to 2024, reaching $66,438 in 2024. That's an average of about 4.3% per year.
Sebastian has stayed below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2010, at 7.0% lower. The gap has widened from 11% in 2009 to 17% in 2024.
Income Distribution in Sebastian
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 2,816 households (30.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 22.8% of households in Sebastian had an income under $35,000 and 14.7% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Sebastian has a larger share of households earning $50,000 to $74,999 (20.5% vs 15.5%) and a smaller share earning $200,000 or more (6.1% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 468 | 5.1% | 5.1% |
| $10,000 to $14,999 | 186 | 2.0% | 3.5% |
| $15,000 to $24,999 | 751 | 8.1% | 6.4% |
| $25,000 to $34,999 | 704 | 7.6% | 6.7% |
| $35,000 to $49,999 | 1,275 | 13.8% | 10.1% |
| $50,000 to $74,999 | 1,893 | 20.5% | 15.5% |
| $75,000 to $99,999 | 1,152 | 12.5% | 12.6% |
| $100,000 to $149,999 | 1,462 | 15.8% | 17.4% |
| $150,000 to $199,999 | 791 | 8.6% | 9.5% |
| $200,000 or more | 564 | 6.1% | 13.2% |
Shares are of all 9,244 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 1,865 residents (10.0% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 11.1% of residents who have any income.
In 2024, 9.7% of Sebastian residents aged 15 and over reported no personal income, 31.2% had some income but less than $25,000, and 16.0% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Sebastian has a larger share of residents earning $35,000 to $49,999 (17.2% vs 12.6%) and a smaller share earning $100,000 or more (10.0% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 1,802 | 9.7% | 12.8% |
| $1 to $9,999 | 1,809 | 9.7% | 11.2% |
| $10,000 to $14,999 | 1,281 | 6.9% | 7.0% |
| $15,000 to $24,999 | 2,693 | 14.5% | 10.5% |
| $25,000 to $34,999 | 1,869 | 10.1% | 9.5% |
| $35,000 to $49,999 | 3,186 | 17.2% | 12.6% |
| $50,000 to $74,999 | 2,942 | 15.9% | 14.3% |
| $75,000 to $99,999 | 1,114 | 6.0% | 8.2% |
| $100,000 or more | 1,865 | 10.0% | 13.9% |
Shares are of the 18,563 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 9.7% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Sebastian
| Metric | Sebastian | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.513 | 0.551 | 0.552 |
| Male Median Income | $73,116 | $60,595 | $69,667 |
| Female Median Income | $52,704 | $50,762 | $56,850 |
| Gender Pay Gap | 27.9% | 16.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Sebastian, it is 0.513, lower than Florida's 0.551, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 39% more than women's income in Sebastian, Florida. Over a 35-year career, a 39% wage gap accumulates to roughly $714,420 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Sebastian, Florida has narrowed from about 29% to 28% in 2024. Over that period the gap was narrowest at 6% in 2019. In dollar terms, the gap has widened by $6,392 since 2009.
Employment
| Metric | Sebastian | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.5% | 4.8% | 5.2% |
| Working from Home | 11.4% | 15.7% | 15.0% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 560 people are unemployed in Sebastian, Florida.
The average commute time in Sebastian is 22 minutes, shorter than the 23 minutes in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Sebastian, Florida has fallen from 13.0% to 6.5% in 2024. Over that period the rate peaked at 15.9% in 2014.
Sebastian has stayed well above the U.S. unemployment rate in every year from 2011 to 2024 and has never dropped below it. It came closest in 2017, at 0.3 points higher. The gap has narrowed from 4.3 points in 2011 to 1.3 points in 2024.
Conclusion
Considering all these factors, Sebastian, Florida has an overall wealth index grade of C, making it about on par with Florida, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Sebastian, Florida.
How Rich Is Sebastian, Florida?
Sebastian has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $66,438, about 11% lower than the Florida average of $74,580.
Are incomes growing in Sebastian, Florida?
Between 2009 and 2024, the median household income in Sebastian, Florida rose 46%, from $45,563 to $66,438. Over the same years, income here lagged behind Florida as a whole: +46% against +57%.
What was the median household income in Sebastian in 2023?
In 2023, the median household income in Sebastian, Florida was $66,396, up 4% from $64,104 in 2022. The Florida median that year was $71,864.
What was the median household income in Sebastian in 2020?
In 2020, the median household income in Sebastian, Florida was $56,092. By 2024 it had risen 18% to $66,438.
How strong is the job market in Sebastian, Florida?
Unemployment in Sebastian, Florida is 6.5%, well above the Florida rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Sebastian, Florida?
The Gini coefficient in Sebastian is 0.513. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Sebastian, Florida?
Since 2009, the income gap between men and women in Sebastian, Florida has narrowed from about 29% to 28% in 2024. Over that period the gap was narrowest at 6% in 2019. In dollar terms, the gap has widened by $6,392 since 2009.
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